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Lecture Slides - Introduction to Unit 1 Business and the Business Environment

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Pearson BTEC Level 5 Higher National Diploma in Business
Unit 1: Business and the Business
Environment
Aim of the Module
• The aim of this unit is to provide students with
background knowledge and understanding of business,
the functions of an organisation and
the wider business environments in which organisations
operate.
Unit Abstract
• Students will examine the different types of organisations
(including for profit and not for profit), their size and scope (for
instance, micro, SME, transnational and global) and how they
operate.
• Students will explore the relationships that organisations have
with their various stakeholders and how the wider external
environments influence and shape business decision-making.
• The knowledge, understanding and skill sets gained in this unit will
help students to choose their own preferred areas of
specialism in future studies and in their professional career.
Learning Outcomes
By the end of this unit a student will be able to:
1 Explain the different types, size and scope of organisations.
2 Demonstrate the interrelationship of the various functions within
an organisation and how they link to organisational structure.
3 Use contemporary examples to demonstrate both the positive and
negative influence/impact the macro environment has on business
operations.
4 Determine the internal strengths and weaknesses of specific
businesses and explain their interrelationship with external macro
factors.
Essential Content
Essential Content
Essential Content
Essential Content
Recommended Resources
• BARON, P. (2012) Business and its Environment. 7th Ed.
London: Prentice Hall.
• PALMER, A. and HARTLEY, B. (2011) The Business
Environment. 7th Ed. Maidenhead: McGraw-Hill.
• WEATHERLEY, P. (Editor) and OTTER, D. (Editor) (2014)
The Business Environment: Themes and Issues in a
Globalised World. 3rd Ed. Oxford: Oxford University Press.
• WORTHINGTON, I. and BRITTON. C. (2014) The Business
Environment. 7th Ed. Harlow Pearson.
Thank you!
Any questions?
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